Accra, Ghana — October 22, 2025
CalBank PLC has released its unaudited financial results for the first nine months ended September 30, 2025, highlighting continued progress in its recovery and growth strategy.
Key performance indicators for the period include:
- Profit Before Tax (PBT) increased by 8% to GHS 355 million, up from GHS 328 million recorded in the same period last year.
- Group PBT also grew by 3% to GHS 354 million, compared to GHS 343 million in the corresponding period of 2024.
- Operating Expenses declined by 11% to GHS 390 million, down from GHS 437.6 million last year, reflecting the Bank’s commitment to cost discipline.
- Operating Income rose by 5% to GHS 558 million, driven by a 17% growth in non-funded income to GHS 258 million from GHS 220 million over the same period in 2024.
- The Non-Performing Loan Ratio improved to 26.5%, from 41.9% last year, representing a 15.4% decline year-on-year, and reflecting the Bank’s achieved momentum on asset quality improvement.
- Capital Adequacy Ratio improved to -1.6%, from -8.4% at the same period last year, without the consideration of retained earnings generated over the first nine months of 2025, indicating substantial improvements to balance sheet consolidation and organic capital generation.
Commenting on the results, Mr. Carl Asem, Managing Director of CalBank PLC, stated:
“CalBank continues on its recovery trajectory and remains focused on delivering sustainable shareholder value. The team and I are committed to enhancing the performance of the Bank by managing costs prudently and strengthening our various income and annuity lines.”
CalBank remains dedicated to operational efficiency, digital innovation, and customer satisfaction as it consolidates its growth momentum through the final quarter of the year.
Click to view the full report here
For further information, please contact:
CalBank Investor Relations (investorrelations@CalBank.net
CalBank PLC
